2009 Earned Income Tax Credit (EITC) changes
Jan 10, 2010 Tax Changes
2009 Earned Income Tax Credit (EITC) changes
The Earned Income Tax Credit (EITC) is one of the few refundable tax credits available to the “average” tax payer. It is designed for the low-income individual by offsetting any income tax liability. It is important and, unfortunately, a target for fraudulent filings because any balance that remains after the tax liability is covered will be refunded to the tax payer. When a person supports dependents, the refundable credit can be significant.
Tags: EITC


